HU · 2023 · tesem170
Nominal unit labour cost growth
Hungary, 2023
Nominal unit labour cost growth
16.8
Hungary, 2023
▲ 18.3% vs 2022 (14.2)
Analysis
In 2023, Hungary's nominal unit labour cost growth increased by 18.3% compared to 2022, reaching 16.8.
Hungary accounts for 247.1% of the EU-27 total of 6.80.
Hungary ranks 1st out of 26 EU member states with reported data — in the top half of the distribution.
Over the past five years, the indicator has grown by 479.3% (from 2.90 in 2018).
Source: Eurostat dataset tesem170, accessed via the eupublicdata pipeline.
Rank in EU-27 · 2023
#1 of 26
% of EU-27 total · 2023
247.1%
EU-27: 6.80
Hungary timeline (last 15 years)
2009 2025
Source:
Eurostat · tesem170